October 2018 is National Cybersecurity Awareness Month. A whole month has been dedicated to raising awareness to the increased threat posed to individuals and businesses from malicious online attacks.

The UK government Cybersecurity Breaches Survey 2018 found that;

  • Over four in ten businesses (43%) and two in ten charities (19%) experienced a cyber security breach or attack in the last 12 months.
  • Three-quarters of businesses (74%) and over half of all charities (53%) say that cyber security is a high priority for their organisation’s senior management.
  • Under three in ten businesses (27%, versus 33% in the previous 2017 survey), and two in ten charities (21%) have a formal cyber security policy or policies.

The same survey also reported that the average cost of a cyber security breach for a large business is £22,300 and for a small to medium-sized business is £2,310. Google and McAfee estimate there are 2,000 cyber-attacks every day around the world, costing the global economy about £300bn a year. An unforeseen cost to your business that is widely preventable.

So what can you do now to improve cybersecurity for your business?

This web article by the BBC really covers the basic idea behind improving your cybersecurity. For larger companies it may be necessary to employ a specialised cybersecurity company to assess your weaknesses and put in place necessary measures to product your company. For individuals and smaller businesses there are some easy ‘fixes’ that you can employ immediately to drastically reduce the chance of a devastating attack.

For physical data, ie hard drives and sensitive paperwork don’t forget to use a licensed reputable shredding company to securely dispose of everything for you. Not only do you get security and peace of mind, but you’ll also receive a 100% traceable paper trail of everything you disposed in case of any future audit or investigation. Waste Paper Solutions provide a long-established, affordable shredding service across the UK with a 100% security record. The lesson is really that you can never be too careful.